Tuesday, September 2, 2014

Samsung : Elec says may acquire rest of Samsung Medison

Samsung Elec says may acquire rest of Samsung Medison

SEOUL Tue Sep 2, 2014 2:16pm IST
A woman takes a picture outside the Samsung stand at the Mobile World Congress in Barcelona February 24, 2014. REUTERS/Albert Gea/Files
A woman takes a picture outside the Samsung stand at the Mobile World Congress in Barcelona February 24, 2014.
CREDIT: REUTERS/ALBERT GEA/FILES

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Samsung Electronics Co Ltd
005930.KS
₩1,194,000.00
-32,000.00-2.61%
09/02/2014
(Reuters) - Samsung Electronics Co Ltd said on Tuesday that it is considering acquiring the shares of unlisted medical equipment maker Samsung Medison Co Ltd that it does not currently own.
Samsung Electronics said in a regulatory filing that it has not yet made a final decision. It did not elaborate on its plans.
Samsung Electronics controls about 68.5 percent of Samsung Medison. The holding has a book value of about 478 billion Korean won ($472 million), according to an August regulatory filing.

(1 US dollar = 1,012.2000 Korean won)

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